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Ases Foundation

SCHAUMBURG, IL EIN: 36-3313192 Website

THE MISSION OF THE ORGANIZATION IS TO FOSTER SCIENTIFIC ADVANCES AND ENHANCE THE STUDY OF SHOULDER AND ELBOW SURGERY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.7M

+41.6% YoY

Annual Giving

$258K

+181.3% YoY

Grant Count

13

+44.4% YoY

Avg Grant Size

$20K

+94.8% YoY

About Ases Foundation

Based on IRS filings

Ases Foundation is a nonprofit organization, based in SCHAUMBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 13 grants totaling $258K. Net investment income was $271K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

21states
+13 more states

Cities

AuroraBaltimoreBoca RatonBostonBronxBurlingtonChattanoogaCheektowagaChicagoCincinnatiClevelandColumbusDallasDetroitEdgewoodEncinoGainesvilleHoustonIndependenceLexington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$5M20202021202220232024
Metric202420232022
Total Assets$8,732,414$6,166,369$5,579,098
Revenue$4,101,031$1,731,452$1,911,127
Expenses$2,372,340$1,522,917$1,608,264
Qualifying Distributions
Net Investment Income$271,333$171,255$107,148
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$153K$305K$458K$610K20 grants202015 grants202116 grants20229 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY ORTHOPAEDIC S…$53KMUSCULOSKELETAL-ORTHOPED…$36KNTH DIMENSIONS$32KBAPTIST HEALTHCARE SYSTEMS$30KBOSTON SPORTS AND SHOULD…$29KREGENTS OF THE UNIVERSIT…$28KCLEVELAND CLINIC FOUNDAT…$14KUNIVERSITY OF UTAH$11KPALM BEACH RESEARCH AND …$8KBOCA RATON REGIONAL HOSP…$8K

Grant Size Distribution

73 grants across all recorded years

70<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Ases Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University Orthopaedic Services Inc ($52,698), Musculoskeletal-orthopedic Research and Education Foundation ($36,428), Nth Dimensions ($32,000).

RecipientPurposeAmount
CLEVELAND CLINIC FOUNDATION INDEPENDENCE, OHRESEARCH$14,350
HSS FLORIDA PHYSICIANS LLC WEST PALM BEACH, FLRESEARCH$3,456
SABESAN ORTHOPAEDICS RESEARCH INC BOCA RATON, FLRESEARCH$5,580
PALM BEACH RESEARCH AND EDUCATION FOUNDATION NORTH PALM BEACH, FLRESEARCH$7,578
BOCA RATON REGIONAL HOSPITAL FOUNDATION INC BOCA RATON, FLRESEARCH$7,578
UNIVERSITY OF UTAH SALT LAKE CITY, UTRESEARCH$11,027
MUSCULOSKELETAL-ORTHOPEDIC RESEARCH AND EDUCATION FOUNDATION PHOENIX, AZRESEARCH$36,428
UNIVERSITY ORTHOPAEDIC SERVICES INC CHEEKTOWAGA, NYRESEARCH$52,698
REGENTS OF THE UNIVERSITY OF COLORADO AURORA, CORESEARCH$27,790
BOSTON SPORTS AND SHOULDER CENTER RESEARCH FOUNDATION WALTHAM, MARESEARCH$29,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS W THROCKMORTON MDTRUSTEE1
JULIE BISHOP MDSECRETARY/TREASURER1
JOSEPH A ABBOUD MDCHAIR1
FRANCES CUOMO MDTRUSTEE1
JOSEPH ZUCKERMAN MDTRUSTEE1
IAN R BRYAM MDTRUSTEE1
PETER B MACDONALD MDPAST PRESIDENT1
PAUL M SETHI MDTRUSTEE1

Frequently Asked Questions

How large is Ases Foundation?

As of 2024, Ases Foundation holds $8.7M in total assets with $4.1M in annual revenue. It awarded 13 grants totaling $258K in 2024.

Where does Ases Foundation operate?

Ases Foundation has awarded grants in Arizona, California, Colorado, Florida, Georgia, Illinois, Kentucky, Massachusetts, Maryland, Michigan, Minnesota, Missouri, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Utah, Washington.

What size grants does Ases Foundation award?

In 2024, Ases Foundation awarded 13 grants totaling $258K — an average of about $20K per grant, based on its IRS Form 990 filings.

What is Ases Foundation's EIN?

Ases Foundation's EIN (Employer Identification Number) is 36-3313192. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Ases Foundation's focus areas in our free grants database

Similar Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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